(AP) - Among the stock activity stories for Wednesday, April 16, from
Financial News:
NEW YORK (AP) -- Shares of The Talbots Inc. dropped on Wednesday, following
news that the women's retailer will need to find new financing after HSBC and
Bank of America pulled their lines of credit.
NEW YORK (AP) -- Shares in chip maker Intel Corp. jumped Wednesday after the
company's first-quarter profit beat Wall Street expectations and it delivered a
strong 2008 forecast, but some analysts sounded notes of caution.
NEW YORK (AP) -- Shares of Royal Caribbean Cruises Ltd. climbed Wednesday
after the cruise operator announced its latest offering -- a ship featuring an
expanse resembling New York's Central Park.
NEW YORK (AP) -- Shares of Seagate Technology are down after the hard-drive
maker reported quarterly revenue below Wall Street estimates, leading several
analysts to cut share price targets and at least one to downgrade.
NEW YORK (AP) -- Santarus stock is rising after the drug developer ended a
partnership with Otsuka America Pharmaceutical.
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